MENU
SEARCH
The Nashville chapter of the Public Relations Society of America awarded its highest honor, the Parthenon Award, to Manheim Auctions for the 2002 Used Car Market Report.
The report, released Jan. 26 at the National Automobile Dealers Association (NADA) annual convention in New Orleans, is an annual comprehensive study of the $376 billion used car industry that has become the primary resource document for companies involved in the used-vehicle marketplace.
“We are very honored to receive this award,” said Tom Webb, Manheim’s chief economist and author of the report. “We introduced some new features in this year’s report, including the Manheim Used Vehicle Value Index, which have helped demonstrate how truly dynamic our industry is.”
“This award is well-deserved,” said Dean Eisner, president and CEO of Manheim. “It recognizes the extensive research, writing and design efforts that Tom and his team have undertaken to make the UCMR a valuable tool for everyone in the automotive industry. I believe there is nothing else that even comes close to the quality of information and professional analysis in the UCMR.”
The 2002 Used Car Market Report relies on proprietary research as well as data from a number of industry resources. An online version is available at www.manheimauctions.com. Just click “Used Car Market Report.” To obtain a hard copy, email thomas.webb@cox.com or george.largay@cox.com.
About Manheim
Manheim Auctions has been involved in the wholesale automobile auction industry for more than 55 years.
With locations in the United States, Canada, Puerto Rico, France, the United Kingdom, Australia, and New Zealand, the company says it is dedicated to helping dealers succeed and to assisting auto manufacturers, fleet and lease companies, and banks sell their used-car inventories efficiently and effectively.
The company also offers transaction, reconditioning and certification services, managed remarketing, vehicle transportation, dealer floor planning, retail inspection, and government auction services.
Manheim Auctions is a wholly owned subsidiary of Cox Enterprises, Inc., with more than 34,000 employees at its 126 auctions and related businesses. It facilitates wholesale and retail used car transactions on the Internet through its Manheim Interactive and AutoTrader.com lines of business.
Manheim Auctions’ corporate headquarters is in Atlanta, and its Web site is www.manheimauctions.com.
For dealer-owned reinsurance entities, avoiding volatility entirely can mean falling behind inflation and missing market rebounds that drive long term surplus growth. Missing just a handful of strong market days can materially impact cumulative returns—an important reminder for long horizon trust and investment strategies.
Read More →
In this video, Ryan Ruff explains the rule that elite sales professionals use to turn ordinary conversations into unforgettable customer experiences.
Read More →
What’s the atmosphere saying about you to your customers? You can make minor adjustments and additions that transform your space into one that creates trust with the people on the other side of the desk.
Read More →
How can auto dealerships help F&I managers fulfill their vital role in the most effective ways? Industry expert Rick McCormick shares his insights on the best ways to train these professionals and help them maintain good habits.
Read More →
More consumers and businesses are opting for all-season options for various reasons as safety, sustainability and convenience push practical change.
Read More →
It’s time to take the next digital step to free F&I managers to handle the most challenging aspects of customer meetings.
Read More →
Some of it should be given to the customer, but that doesn’t mean the F&I office relinquishes the process. In fact, a different approach both builds trust and boosts sales.
Read More →
Talk to F&I customers like you’d talk to a friend, without industry lingo or sales-like questions, and use hard proof to show, not tell, them about a need.
Read More →
Helping F&I customers understand complementary offerings is likely to lead to more sales, based on the success of a high-performing practitioner of the philosophy.
Read More →